Cloud Computing | 14 Million New Jobs by 2015 and US$1.1 trillion a year in new business

Microsoft –  A new Microsoft-funded IDC study shows businesses that move to the cloud are freeing up time and money to invest in innovation and job creation. Among the study’s findings:

• Cloud computing will create nearly 14 million new jobs between 2011 and 2015.

• By 2015, business revenues from IT innovation enabled by the cloud could reach US$1.1 trillion a year.

• Cloud-related jobs will accrue evenly to businesses with 500 or fewer employees and those with more than 500 employees.

• More than one-third of cloud-enabled jobs will occur in the communications and media, banking, and discrete manufacturing industries.

• China and India will account for about half of all new cloud-related jobs.

via Cloud Computing to Create 14 Million New Jobs by 2015: New IDC study shows IT innovation produced by the cloud could create US$1.1 trillion a year in new business revenues..